Azerbaijani International Insurance Company Announces Results of Activity for 2007

Business Materials 17 April 2008 17:04 (UTC +04:00)

Azerbaijan, Baku, 17 April / Trend / The premiums of the biggest Azerbaijani International Insurance Company (IIC) made up AZN 10.9mln and payments AZN 2.094mln- as revealed in the results for2007, the company reported on 17 April.

The company's premiums on re-insurance operations totaled AZN 378,400 as for 2007.

The assets of the company made up AZN 17.9mln and balance income - AZN 2mln.

International Insurance Company, established by International Bank of Azerbaijan, renders 30 types of insurance services, with four obligatory. The authorized capital comprised of about AZN 8.8mln.